JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,546 shares, a decrease of 39.8% from the August 15th total of 19,181 shares. Based on an average daily trading volume, of 14,193 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trademark Financial Management LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter valued at approximately $202,000. Money Concepts Capital Corp acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 1st quarter valued at $223,000. Kestra Private Wealth Services LLC lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock valued at $335,000 after acquiring an additional 362 shares during the period. Cary Street Partners Financial LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at $519,000. Finally, McLaughlin Asset Management Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth $610,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.7%

Shares of NYSEARCA:JPSE traded up $0.43 during trading on Wednesday, reaching $58.51. 9,950 shares of the stock were exchanged, compared to its average volume of 25,723. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27. The stock has a 50-day moving average price of $59.72 and a 200-day moving average price of $57.48. The firm has a market cap of $583.92 million, a PE ratio of 15.86 and a beta of 0.98.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.